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Departure Lounge Inc. Appoints Real Estate Development Professional, Monica Morgan as Vice President of Real Estate and Projects

By October 18, 2022No Comments

Vancouver, British Columbia – October 18th, 2022 – Departure Lounge Inc. (“Departure Lounge”), has appointed Monica Morgan as Vice President of Real Estate and Projects.

As progressive technologies such as XR, digital twins, blockchain, and artificial intelligence play an increasingly important role in the planning, implementation, and operation of the built environment, Monica is transitioning from her role as a consultant during the early stages of the company’s development to join the company on a full-time basis as co-founder.

With almost thirty years of experience working in the public, private and non-profit sectors, including the past seven years as an entrepreneur running her own project management consulting company, Monica brings a unique blend of experience to leverage the technology and creative expertise of Departure Lounge into the planning and creation of blended spaces at the intersection of physical and virtual realities.

An expert in public sector land and real estate development partnership structuring, Monica has spent much of the past twenty years developing public anchors of innovation districts and precincts with multi-sector partners including government, universities, and industry. She has undertaken project planning activities securing billions of dollars of public sector investment for healthcare, hospital, housing, and post-secondary capital projects resulting in significant community, economic, environmental and shareholder benefits.

“Monica adds to the considerable depth of the Departure Lounge’s management team with her unique expertise, entrepreneurial approach, and multi-industry contacts,” said James Hursthouse, CEO of Departure Lounge. “She has never been afraid to push the boundaries of what is possible and excels at finding new and emerging opportunities to work collaboratively with multiple stakeholders on complex projects in new and emerging industry spaces.”

“Departure Lounge and its sister company, AMPD Technologies, are addressing some of today’s most pressing community and market opportunities at the intersection of land, buildings, and emerging technologies. The combination of sustainable high-performance computing, advanced capture tools and technologies, along with 3D spatial creative and Web3.0 services can generate new and innovative ways of defining a future that we all want to be participating in – it is very exciting,” said Morgan.

Monica holds a Bachelor of Arts in Urban and Economic Geography from UBC, combined with her Certified Management Consultant, Project Management Professional and Leadership in Energy and Environmental Design, Building Design and Construction designations. She is a member of the Board of the Vancouver Chapter of Lambda Alpha International (LAI), a global honourary Urban Land Economics Society and is a former Board member and Chair of the Real Estate Committee of Great Northern Way Trust in Vancouver – a partnership between the University of BC, Simon Fraser University, the British Columbia Institute of Technology and Emily Carr University of Art and Design. At Departure Lounge, Monica has responsibility for domestic and international real estate opportunities, partnerships, and projects.


About Departure Lounge Inc.
Departure Lounge Inc. was established in June 2021 to combine the founding team’s expertise to capitalise on the massive opportunity represented by the ongoing transition to the Metaverse. The company offers innovative tools and technologies to facilitate access to the Metaverse, a creative services team to help build the Metaverse, and a Web3 consultancy team to monetize the Metaverse. Departure Lounge’s main facility occupies over 6,000 sq ft of space at Vancouver’s Centre for Digital Media (“CDM”) and houses the Metastage Volumetric Capture Stage and motion capture rig, alongside its creative services team. Departure Lounge was acquired by AMPD Ventures Inc. (CSE: AMPD) in December 2021 and takes full advantage of the high-performance cloud and compute solutions being offered by AMPD Technologies Inc.


For further information, please contact:

Departure Lounge Inc.
Kajol Bhatia
Telephone: +1 (604) 916-5823

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